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rohit singh
Aug 6, 2021, 12:18 PM
Entrepreneurs aren't a special group of people gifted with all the good ideas.
If you weren't working at your current job or going to school, what would you do? Many ideas come from us being excited about something and wanting to share it with the world.
Thanks, Thought Bubble! It's easy for us to judge a story, but who would you share an idea with us? Your mom? Your trusted friends? Everyone on your morning bus ride? After all, a bus is just a limo full of friends you haven't met yet! It depends on the idea, but generally, we want to target two main types of people at this early stage.
Second, people who can help us think through our idea.
Don't be afraid to reach out and ask for help! BUT before we get carried away, we have to remember: we're still making sure our idea is good and talking with potential customers.
Most lenders care about your story, prove your idea works and is wanted, and understand your customers and financial plan, which often takes only 5-10 pages tops.
The Business Model Canvas has sections for all those things! Really, filling out a business plan or business model Canvas lets you collect all your thoughts about your idea and visualize how your business might exist.
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